High oil prices haven't really been a boon to the energy services sector lately. As service providers encounter all manner of
supply chain issues and service disruptions in the mad scramble to move from gas to oil, margins are suffering. The question for
Halliburton (NYSE:
HAL) investors, though, is whether or not the worst of the cycle is in sight and priced into the stock.
A First Quarter Better Than Feared
When
Baker Hughes (NYSE:
BHI) warned the Street a little while ago, it made investors rightly nervous about what sort of quarter we were going to see from the Big Four (Baker Hughes, Halliburton,
Schlumberger (NYSE:
SLB), and
Weatherford (NYSE:
WFT)). If Halliburton's
earnings are any indication, it looks like company-specific factors are going to play a major role.
Please read more here:
http://stocks.investopedia.com/stock-analysis/2012/Is-This-The-Trough-For-Halliburton-HAL-SLB-WFT-BHI0419.aspx
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